The primary role of an inventory control manager is to analyze and oversee the organization's supply chain. He/She manages the entire life cycle of a product, starting from acquisition to distribution, allocation, and delivery. He/She ensures the adequate inventory of materials and products in line with inventory cycles and organizational policies. Also, he/she directs the distribution of materials, supplies, and finished products. Asides from that, he/she performs regular inventory analysis to resolve inventory issues. Additionally, he/she develops and implements inventory control strategies.
A bachelor's degree in business administration, supply chain management, or a related discipline is required for this job. Applicants must have at least five years of experience in a related role. You must possess leadership, problem-solving, critical thinking, communication, and organization skills. You must also have experience using supply chain software. Inventory control managers make $56,330 on average per annum. It varies between $35,000 and $91,000.
There is more than meets the eye when it comes to being an Inventory Control Manager. For example, did you know that they make an average of $36.36 an hour? That's $75,630 a year!
Between 2018 and 2028, the career is expected to grow 1% and produce 46,900 job opportunities across the U.S.
There are certain skills that many Inventory Control Managers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Negotiating skills, Customer-service skills and Detail oriented.
If you're interested in becoming an Inventory Control Manager, one of the first things to consider is how much education you need. We've determined that 56.6% of Inventory Control Managers have a bachelor's degree. In terms of higher education levels, we found that 6.5% of Inventory Control Managers have master's degrees. Even though most Inventory Control Managers have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become an Inventory Control Manager. When we researched the most common majors for an Inventory Control Manager, we found that they most commonly earn Bachelor's Degree degrees or Associate Degree degrees. Other degrees that we often see on Inventory Control Manager resumes include High School Diploma degrees or Master's Degree degrees.
You may find that experience in other jobs will help you become an Inventory Control Manager. In fact, many Inventory Control Manager jobs require experience in a role such as Warehouse Manager. Meanwhile, many Inventory Control Managers also have previous career experience in roles such as Operations Manager or Assistant Manager.